AIV Q4 2023 Earnings — Apartment Investment and Management Company Revenue & Financial Results | Market Cap Arena

AIVApartment Investment and Management Company

$616M

Q4 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$49M+17.6% YoY

Gross Profit

$30M61.4% margin

Operating Income

$4M8.5% margin

Net Income

-$151M-307.0% margin

EPS (Diluted)

$-1.07

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$52M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.5B

Stockholders' Equity

$350M

Cash & Equivalents

$123M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$42M	+17.6%
Gross Profit	$30M	$27M	+14.0%
Operating Income	$4M	-$211M	+102.0%
Net Income	-$151M	-$205M	+26.2%

Revenue Segments

Operating Portfolio Segment

$75M89%

Redevelopmentand Development

$5M6%

Other Real Estate

$4M5%